iovation to Host Portland Fraud Force User Group Summit

PORTLAND, OR -- (Marketwire) -- 07/18/12 -- iovation, the Device Reputation Authority protecting online businesses from fraud and abuse, today announced that it will host its Fraud Force User Group Summit in the same city that it is headquartered -- Portland, Oregon -- from September 16 to 18, 2012. In the exclusive private event for iovation clients, attendees will learn how to maximize iovation's fraud-fighting technology, and share their fraud detection and prevention techniques with other iovation clients on the front lines against cybercrime.

"Siloing intelligence doesn't benefit anyone in the fight against fraud," said Molly O'Hearn, Vice President of Operations at iovation. "Information sharing, which is key to the success of iovation's technology, is a crucial element to fighting and preventing cyber crime, be it credit card fraud, account takeover, identity theft or online scams. So it's only fitting that we make this virtual information sharing available in-person."

At the summit, iovation customers have opportunities to learn about the latest fraud methods being used in their industries from some of the world's most respected brands and security experts. Summit guest speakers include spokespeople from Bazaarvoice, Cars.com, Dell Financial Services, Mercator Advisory Group and more.

In addition to sharing insight on recent fraud trends, iovation's clients will obtain deep insight into how to get the most out of iovation's fraud fighting solution -- ReputationManager 360. The iovation technology allows online companies to submit and review verified fraud events into the product's shared database, a different approach than other products on the market. By utilizing this collective evidence and experience from other online companies to help assess risk on transactions, companies can dramatically expand their fraud knowledge and surveillance beyond their corporate walls. This unique iovation capability makes it possible to proactively identify devices that are associated with abuse before bad actors can strike.

The Fraud Force User Group Summit will take place in downtown Portland at The Nines Hotel. For more information and to register, go to http://www.iovation.com/fraud-force-summit. Follow event updates on Twitter with hashtag #fraudforce.

About iovationiovation protects online businesses and their end users against fraud and abuse through an industry-leading combination of shared device reputation and real-time risk evaluation. More than 2,000 fraud managers around the globe leverage iovation's database of Internet devices and relationships between them to determine the level of risk associated with any type of online transaction. Retail, financial services, social network, gaming and other companies make real-time queries to iovation's knowledge base of 975 million devices from every country in the world. Every day, iovation stops over 150,000 fraud attempts. For more information, visit www.iovation.com.